129 E College Street
Property Description
EXCELLENT TURNKEY INVESTMENT OPPORTUNITY! An outstanding opportunity to add a well-maintained, income-producing multifamily property to your investment portfolio! Conveniently located just north of the historic Independence Square and west of Noland Road, this attractive 7-unit apartment building offers a desirable combination of location, condition, and rental appeal. Pride of ownership is evident throughout this meticulously maintained property, with the majority of the apartments having been freshly updated. Each of the seven units features a functional and desirable one-bedroom, one-bathroom floor plan, offering comfortable living spaces that are easy to market and rent. The seller has made numerous significant improvements, including replacement windows throughout, many updated HVAC systems, and gutters, providing added value and peace of mind for the next owner. Tenants enjoy the convenience of an on-site shared laundry facility, along with individual storage closets for each apartment. An additional utility room, complete with tools and a convenient half bath, provides practical space for property maintenance and management. Well-maintained, thoughtfully improved, and ideally situated in an established rental market, this property presents an exceptional opportunity for investors seeking a manageable multifamily property with long-term income potential.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $750,000 |
| No. of Units: | 7 |
| Year Built: | 1979 |
| Opportunity Zone: | No |
| Price per unit: | $107,143 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 1 |
ID: 3yd-HMLSKS-2649525
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
1909 NE KNOLLBROOK Street
Lee's Summit, Missouri
4915 Davenport Street
Omaha, Nebraska
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout